1. From the perspective of Bitcoin's chip distribution, the correction position shows that the chips are relatively concentrated in area A, where Bitcoin is priced between $100,000 and $105,000. Therefore, this is considered the first support zone for Bitcoin, and in the short term, Bitcoin's price of $101,500 is an important support level, with $100,000 being a psychological support level.
2. Another area, B, is the zone with the most chips, where Bitcoin's price ranges from $93,000 to $98,000. Here, the support levels have basically been forged, making this the strongest support area, and it essentially contains various major support levels, making it the most likely area to return to.
3. Area C has the least chips, with prices ranging from $81,000 to $87,000. The probability of falling to this range is reduced, and as mentioned earlier, if the correction follows the 0.618 ratio, the position would be around $88,800, which has not yet reached this price range.